REAL ESTATE NOTEBOOK
Green building on agenda for Otterbein event
Sunday, July 20, 2008
Decked out with fireplaces, dens, dining rooms and backyards, the new Avalon by Otterbein concept being rolled out in Warren County doesn't exactly scream "nursing home."
At least that's the hope of Jill Hreben and other Otterbein executives.
Hreben said the homes are meant to appeal to people who don't want to live in a more institutional setting with such features as shared rooms, nursing stations and set mealtimes.
Otterbein plans to open the Avalon in Clearcreek Twp., Warren County, in early August, she said.
A similar one on the Atrium Medical Center campus should be completed this year. Otterbein executives also want to develop a fourth center in Warren County, possibly around Loveland, but haven't selected a site, said Jill Hreben, a vice president with Otterbein.
While the Avalon is meant to provide a more homelike atmosphere, it also is a licensed skilled nursing home with nurses and other professionals available, Hreben said.
Advanced Technology Systems renews lease
Advanced Technology Systems Inc. has renewed its lease at the Acropolis at Fairfield Commons for one year, according to the property's owner.
The lease covers a 2,500-square-foot space in the Acropolis, located in Beavercreek and owned by TIC Properties LLC, a Greenville, S.C.-based company.
TIC purchased the seven-building commercial complex in 2006 for $34 million. The properties are 93 percent occupied, said John Skul, a spokesman for TIC Properties.
Green building symposium scheduled
A green building symposium will be held in Miamisburg on Aug. 8-9.
The two-day event is being presented by the Home Builders Association of Dayton and the Miami Valley as well as the Energy and Environmental Building Association. It will be held at the Holiday Inn, 31 Prestige Plaza, near Dayton Mall, organizers said.
For additional information on times, classes or fees, visit www.HBADAYTON.com or www.EEBA.org.
Staff writer Tim Tresslar covers commercial and residential real estate for Dayton Daily News. His Real Estate Notebook appears every Sunday. He can be reached at (937) 225-7317 or via e-mail at ttresslar@coxohio.com.




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